Drug Store

Invictus Pharmacy in the U.S. will now accept cryptocurrency as payment.

Companies say the new partnership will allow pharmacists to get medications to patients more quickly and cheaply—and with less strain on resources.

For co-founders Peter Shahbeigi and Poya Ezadpana, Flash Pharmacy isn’t just another digital startup—it’s a reimagining of how pharmacy care can reach every corner of Canada.

The company has already brought its mobile clinics into more than 100 retirement homes with flu shots for residents and staff. They’re also coming to RBC offices and setting up mobile clinics outside hockey games.

The drugstore chain will operate as a private standalone company under Motz’s leadership.

The company has been aggressively expanding its national footprint since last year, when its Persistence Capital Partners completed its go-private $415-million acquisition of Neighbourly.

Just a year after being called out for a preferred provider arrangement, a new Globe and Mail article says similar behaviour has cropped up by the insurance provider.

Pharmacist entrepreneurs aim to reshape Canada’s independent pharmacy scene.